Tech
Number of confirmed layoffs in tech sector ‘almost certain’ to be an underestimate – Central Bank
A number of large multi-national firms in the Information and Communication Technology services sector announced reductions to their global workforces last year and early this year
The number of confirmed layoffs in the tech sector here is “almost certain to represent an underestimate of total job losses,” a report from the Central Bank of Ireland (CBI) has found.
To date, the number of confirmed tech layoffs in Ireland in recent months stands at 1,474. The largest number of announced global layoffs has been at Amazon (18,000) Alphabet/Google (12,000), Meta (11,000) and Microsoft (10,000), all of which have business operations in Ireland.
